Forest 1
The computed 12-month bankruptcy probability of Forest 1 is 0.8% (low). The 2024 annual accounts show equity of €17.93M and a net result of €250k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 77% of 770 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €17.93M |
| Net result | €250k |
| Better than sector | 77% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.2% | 16.3% | |
| Net result | €250k | €-2k | |
| Equity | €17.93M | €129k | |
| Total assets | €29.81M | €1.72M |
| Fiscal year | 2024 |
|---|---|
| Revenue | €1.56M |
| EBITDA | €1.36M |
| Net profit | €250k |
| Cash flow | €946k |
| Staff costs | - |
| Income taxes | €114k |
| Dividends | - |
| Total assets | €29.81M |
| Equity | €17.93M |
| Debt | €11.87M |
| of which ≤ 1y | €83k |
| of which > 1y | €11.39M |
| Working capital | €856k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 11.26 |
| Quick ratio | 11.26 |
| Working capital ratio | 2.9% |
| Solvency | 60.2% |
| Debt / equity | 0.66 |
| Long-term debt ratio | 0.63 |
| Interest coverage | 4.59 |
| Gross margin | - |
| Net margin | 16.0% |
| ROA | 0.8% |
| ROE | 1.4% |
| EBITDA margin | 86.7% |
| Days sales outstanding | 22d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €29.81M |
| Fixed assets | 21/28 | €28.84M |
| Formation expenses | 20 | €22k |
| Tangible fixed assets | 22/27 | €28.84M |
| Current assets | 29/58 | €939k |
| Amounts receivable within one year | 40/41 | €93k |
| Cash & bank | 54/58 | €382k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €29.81M |
| Equity | 10/15 | €17.93M |
| Contributions / capital | 10/11 | €17.32M |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €607k |
| Amounts payable | 17/49 | €11.87M |
| Amounts payable after one year | 17 | €11.39M |
| Amounts payable within one year | 42/48 | €83k |
| Income statement | ||
| Turnover | 70 | €1.56M |
| Operating result | 9901 | €661k |
| Financial charges | 65 | €297k |
| Result before taxes | 9903 | €364k |
| Income taxes | 67/77 | €114k |
| Net result for the period | 9904 | €250k |
| Result to be appropriated | 9905 | €250k |
| NACE primary | Real estate rental(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 15-12-2020 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-08-2024 1 director appointed, 1 resigning
- Valentin Audrit, Bestuurder
- Mohamed Oubial, Bestuurder
Technical details
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}26-08-2024 2 directors appointed
- Didier MATRICHE, Commissaris
- Valentin AUDRIT, Dagelijks bestuur
Technical details
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"name": "PwC Reviseurs d\u0027Entreprises",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Forest 1 |